Project Traits

State: Ohio

Congressional District: OH08

Organization Type: Commercial

Partner Organization(s) Type: None or Unknown

Project Type: Processing & Separation

Energy Sector: Critical Minerals, Critical Minerals,

Energy Subsector: Nickel, Cobalt,

Project Start Year: Unknown

Project Launch Year: Unknown

Outcomes & Impacts

Private Investment: Unknown

Jobs Announced or Created: Unknown

People Served: Unknown

Projected Economic Impact: Unknown

Nth Cycle, a critical metal refining company, will establish the nation's first large-scale production of Mixed Hydroxide Precipitate (MHP) at their facility in Fairfield, Ohio. The project, powered by Nth Cycle's patented "Oyster" electro-extraction refining system, aims to deliver domestic nickel and cobalt, crucial for helping battery companies comply with the Inflation Reduction Act's requirement for EVs.

The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.